NWI Management’s iShares MSCI Brazil ETF EWZ Stock Holding History

NWI Management’s Portfolio EWZ Stock Details EWZ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$71.4M	Buy	+1,860,000	New	+$68M	4.06%	7
2020 Q3	–	Sell	-13,700	Closed	-$394K	–	41
2020 Q2	$394K	Buy	+13,700	New	+$359K	0.03%	39
2020 Q1	–	Sell	-26,000	Closed	-$1.23M	–	43
2019 Q4	$1.23M	Sell	26,000 -9,000	-26%	-$394K	0.05%	45
2019 Q3	$1.48M	Sell	35,000 -17,000	-33%	-$733K	0.09%	35
2019 Q2	$2.27M	Buy	52,000 +4,000	+8%	+$165K	0.19%	30
2019 Q1	$1.97M	Buy	+48,000	New	+$2.06M	0.05%	40
2017 Q2	–	Sell	-40,510	Closed	-$1.52M	–	39
2017 Q1	$1.52M	Hold	40,510	–	–	0.12%	32
2016 Q4	$1.35M	Hold	40,510	–	–	0.11%	39
2016 Q3	$1.37M	Hold	40,510	–	–	0.14%	29
2016 Q2	$1.22M	Sell	40,510 -3,202,254	-99%	-$88.4M	0.1%	28
2016 Q1	$85.3M	Sell	3,242,764 -135,949	-4%	-$2.92M	5.33%	5
2015 Q4	$69.9M	Sell	3,378,713 -116,287	-3%	-$2.71M	6.71%	5
2015 Q3	$76.7M	Hold	3,495,000	–	–	11.85%	3
2015 Q2	$115M	Sell	3,495,000 -1,005,000	-22%	-$34.7M	16.35%	2
2015 Q1	$141M	Sell	4,500,000 -320,000	-7%	-$10.9M	17.65%	1
2014 Q4	$176M	Buy	+4,820,000	New	+$196M	25.46%	1

Other funds holding EWZ

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

State of Tennessee, Department of Treasury Nashville, Tennessee $29.8B AUM 29.48% 1-Year Est. Return

Bank of Nova Scotia Toronto, Ontario, Canada $57.2B AUM 35.3% 1-Year Est. Return

BNP Paribas Financial Markets Paris, France $206B AUM 31.61% 1-Year Est. Return

DFO

Duquesne Family Office New York $3.38B AUM 61.92% 1-Year Est. Return

Phoenix Financial Givatayim, Israel $10.5B AUM 49.21% 1-Year Est. Return

Allspring Global Investments Charlotte, North Carolina $59.7B AUM 29.08% 1-Year Est. Return

BHCM

Brevan Howard Capital Management St. Helier, Jersey $11.3B AUM 35.84% 1-Year Est. Return

NWI Management's EWZ Position: Q1 2026 in Review

NWI Management opened a new position in iShares MSCI Brazil ETF (EWZ) in Q1 2026: 1,860,000 shares worth $71.4M. The stake represents 4.06% of the portfolio and ranks #7 among its holdings. This is a return to the name: NWI Management previously reported a position in EWZ as recently as Q2 2020.

NWI Management first reported a position in EWZ in Q4 2014 and has held it in 16 quarters since. The position peaked at $176M in Q4 2014. 412 funds tracked by Wall St. Rank hold EWZ as of Q1 2026.

NWI Management held 1,860,000 shares of iShares MSCI Brazil ETF worth $71.4M as of Q1 2026.
iShares MSCI Brazil ETF was a new NWI Management position in Q1 2026.
iShares MSCI Brazil ETF made up 4.06% of NWI Management's portfolio in Q1 2026, its #7 holding.
NWI Management first reported a position in iShares MSCI Brazil ETF in Q4 2014 and has held it in 16 quarters since.
NWI Management's iShares MSCI Brazil ETF position peaked at $176M in Q4 2014.
412 funds tracked by Wall St. Rank held iShares MSCI Brazil ETF as of Q1 2026.

Based on NWI Management's 13F filing for Q1 2026, filed 15 May 2026.